Hungary’s government further endeavors to strengthen the role of the state in strategic sectors and strategic companies, National Development Minister Tamás Fellegi said in Vienna on Monday, answering a question by a journalist.
The state could seek a bigger role “mostly in the energy sector”, Fellegi said at a press conference following an annual meeting between the European Union and OPEC.
Fellegi did not reveal any details about resources that could be used for such a purpose but he stressed that making acquisitions was not the goal in and of itself, rather the acquisitions must be profitable.
“I am certain that we will find a method of financing without increasing state debt,” he added.
A month ago, the government agreed to “reacquire” a 21.2% stake in Hungarian oil and gas company MOL from Russian peer Surgutneftegas for €1.88 billion.
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